We are always here to help

Online Banking

Second Mortgage

We have a Second Mortgage program for members that either presently own their home or are buying a home. All second mortgages are adjustable rate mortgage (ARM) loans but the loan is fully amortized for up to 15 years. We lock the interest rates for either 3 or 5 years.

Rates and/or fees may vary depending upon member’s credit score, loan-to-value and other factors. On adjustable rate loans, interest rates are subject to potential increases over the life of the loan, once the initial fixed rate period expires. For Second Mortgage ARM interest rates, at adjustment your new second mortgage rate will be based on an index plus a margin to annual and lifetime adjustment caps.

Tack-On Mortgages

If you own a home, we may be able to make your auto loan interest tax deductible. The interest rate and loan term are the same as your car loan from Members First Credit Union. For more details, ask our Loan Specialist. Consult your tax advisor for tax deductibility advice.